Adam Sussi
Managing Partner
Tredway
(Tredway Group, Tredway_1C2884)
Owner
650 Fifth Avenue 20th Floor New York NY 10019
Tredway NYC portfolio
$510.1 million -elevator 85%, walkup 8%, condo 5%; Brooklyn 83%, Queens 16%*
437th largest portfolio by dollar value
3,002,728 sqft – elevator 88%, condo 5%, D1 3%; Brooklyn 75%, Queens 24%
155th largest by SF
13 properties – Brooklyn 92%, Queens 7%
785th largest
2,560 residential units – Brooklyn 76%, Queens 23%
125th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Buyer signatory: 4 for $215.1 million
Borrower signatory: 4 for $406.7 million
Top Ten Associated Companies:
Related Companies (4), Arker Companies (3), Deutsche Bank (2), Merchants Bank of Indiana (2), AMS Realty (2), Wells Fargo (1), Phoenix Realty Group (1)
Top Ten Associated People:
Matthew Finkle (4), David K Zussman (3), Alexander Arker (3), Dina Arker (3), Daniel Moritz (3), Abram Shnay (2), Ron Orgel (1), Mario Aversa (1)
Recent activity as signatory:
• Phoenix Realty Group ground leased 234 Herkimer Street valued at $41.5 million to Tredway on May 15, 2026.
• Tredway borrowed $49 million from Merchants Bank of Indiana for 234 Herkimer Street on May 15, 2026.
• Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management borrowed $200 million from Deutsche Bank for 2727 Surf Avenue on June 18, 2025.
• Brookfield Properties and Tredway borrowed $60.5 million from Merchants Bank of Indiana for 125 Beach 17 Street on May 06, 2025.
• Related Companies sold 125 Beach 17 Street for $83.6 million to Brookfield Properties and Tredway on May 06, 2025.
• Tredway and Elh Mgmt. borrowed $97.2 million from Wells Fargo for 80 Greene Avenue on June 13, 2024.
• AMS Realty sold 54 Fort Greene Place for $55 million to Tredway and Elh Mgmt. on June 13, 2024.
• AMS Realty sold 80 Greene Avenue for $35 million to Tredway and Elh Mgmt. on June 13, 2024.
• Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management borrowed $120 million from Deutsche Bank for 3029 Surf Avenue on May 24, 2023.
• Arker Companies and Related Companies sold 2727 Surf Avenue for $60.1 million to Tredway, Gilbane Development, ELH Mgmt. and Brookfield Asset Management on May 24, 2023.
